MB Trader inquiry

Discussion in 'Retail Brokers' started by The newb, Aug 20, 2009.

  1. The newb

    The newb


    I was wondering if you would advise MB Trader for frequent trading. The assumption is that I will be working with a $50k account doing 5-10 trades a day. The commission if $4.95, the platform seems ok. Does anyone have any information on this? Are there better, more efficient options out there?
  2. Catoosa


    IB (Interactive Brokers) has great commissions. MB Trading just got through increasing their minimum commission to $4.95 for stocks. MB Trading has good commissions for futures.
  3. Mb trading's margins for futures are too high; just like Think or Swim, etc.

    If you're going to trade stocks, options, or forex, go with Interactive Brokers and DTN IQ data feed. This combo is hard to beat.

    IB feed should only be used as a back up.

    If your trading futures exclusively, Mirus, Dorman, OpenECry, Velocity Futures, AMP,......all have great margin rates and excellent platforms from which to chooose from.

    Good luck.....
  4. Qi Shen

    Qi Shen Velocity Futures

    The newb,

    We offer X_Trader, CQG, Strategy Runner for free and our intraday margin on E-mini is $500 per contract.

    If you’d like try a demo or have any questions, feel free to contact me.

    Best regards,